The unemployment rate in Malta fell to 3.5 percent in the fourth quarter of 2018 from 4.0 percent in the same period of the previous year. It was the lowest jobless rate since at least the first quarter of 2001, as the number of unemployed declined by 724 to 8,713 and employed rose by 12,260 to 239,427. By genders, the jobless rate was lower for women (3.4 percent vs 4.0 percent in Q4 2017) than for men (3.6 percent vs 4.0 percent). Meantime, the activity rate went up to 75.0 percent from 73.5 percent a year earlier, with the highest rate being recorded among people aged 25-54 (85.9 percent). Thus, the employment rate increased to 72.3 percent from 70.5 percent in the corresponding period of 2017. Unemployment Rate in Malta averaged 6.23 percent from 2001 until 2018, reaching an all time high of 8.24 percent in the third quarter of 2003 and a record low of 3.50 percent in the fourth quarter of 2018.

Unemployment Rate in Malta is expected to be 4.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Malta to stand at 3.30 in 12 months time. In the long-term, the Malta Unemployment Rate is projected to trend around 3.20 percent in 2020, according to our econometric models.

Malta Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-06-28 09:00 AM Unemployment Rate 4.4% 3.7% 4%
2018-09-27 09:00 AM Unemployment Rate 3.8% 4.4% 4.1%
2018-12-21 10:00 AM Unemployment Rate 3.7% 3.8% 4%
2019-03-25 10:00 AM Unemployment Rate 3.5% 3.7% 3.5%
2019-06-27 09:00 AM Unemployment Rate 3.5% 4.3%
2019-09-27 09:00 AM Unemployment Rate 3.7%
2019-12-20 10:00 AM Unemployment Rate 3.7%


Malta Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.50 3.70 8.24 3.50 percent [+]
Employed Persons 210613.00 209189.00 210613.00 128206.00 [+]
Unemployed Persons 1748.00 1772.00 8830.00 1748.00 [+]
Long Term Unemployment Rate 1.40 1.20 3.90 0.90 percent [+]
Youth Unemployment Rate 9.70 9.50 19.90 8.30 percent [+]
Labour Costs 120.63 108.00 120.63 68.85 Index Points [+]
Wages 19035.61 19076.43 19076.43 10937.85 EUR/Year [+]
Minimum Wages 757.64 747.54 757.64 464.93 EUR/Month [+]
Population 0.48 0.46 0.48 0.30 Million [+]
Retirement Age Women 62.00 62.00 62.00 60.00 [+]
Retirement Age Men 62.00 62.00 62.00 61.00 [+]
Part Time Employment 31.40 31.80 31.80 8.60 Thousand [+]
Productivity 113.90 125.50 134.70 76.70 Index Points [+]
Labor Force Participation Rate 60.60 59.00 60.60 48.40 percent [+]
Full Time Employment 203.60 203.70 203.70 132.80 Thousand [+]
Employment Change 1.90 0.90 2.40 -1.40 percent [+]
Employment Rate 72.30 72.80 72.80 53.00 percent [+]


Malta Unemployment Rate

In Malta, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Malta Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Malta Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.50 3.70 8.24 3.50 2001 - 2018 percent Quarterly




Country Last Previous
South Africa 27.60 Mar/19
Spain 14.70 Mar/19
Turkey 14.10 Mar/19
Brazil 12.50 Apr/19
Italy 10.20 Apr/19
Argentina 10.10 Mar/19
France 8.70 Mar/19
Euro Area 7.60 Apr/19
Saudi Arabia 6.00 Dec/18
Canada 5.40 May/19
Australia 5.20 May/19
Indonesia 5.01 Mar/19
Russia 4.50 May/19
South Korea 4.00 May/19
United Kingdom 3.80 Apr/19
China 3.67 Mar/19
United States 3.60 May/19
India 3.53 Dec/18
Mexico 3.50 Apr/19
Netherlands 3.30 May/19
Germany 3.20 Apr/19
Japan 2.40 Apr/19
Switzerland 2.30 May/19
Singapore 2.20 Mar/19


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